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Divers Recover $1 Million in 1715 Fleet Coins Off Florida’s Treasure Coast

The recovery now enters conservation, cataloguing, then state-administered division under Florida salvage rules.

Overview

  • More than 1,000 silver coins with several rare gold pieces were raised from a 1715 shipwreck, many showing clear dates and mint marks from colonial Mexico, Peru and Bolivia.
  • Florida’s salvage framework provides for a state share often cited at about 20 percent, with the balance distributed to permitted salvors after processing.
  • The team used professional divers, support vessels and advanced underwater metal detectors at a well-documented Treasure Coast wreck site.
  • The salvage company plans to continue surveying the area for additional artifacts from the hurricane-lost 1715 Treasure Fleet.
  • A widely shared video showing a diver pouring recovered coins has heightened public interest in the region’s shipwreck legacy.